Talking Logistics

OCTOBER 8, 2015

Howard Schultz, the CEO of Starbucks, shared that insight during his keynote address at last week’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference. The post Supply Chain Talent: Insights from CSCMP Annual Conference appeared first on Talking Logistics with Adrian Gonzalez.

Conference 100

Conference Supply Chain Software Supply Chain Strategy Supply Chain 100

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

JULY 22, 2019

The source data for the analysis comes from Ycharts.). We selected these metrics based on correlation work with Arizona State University in 2012. The winners drove long-term value (measured by market capitalization) while outperforming on the portfolio of metrics shown in Figure 1 and driving improvement faster than their peer groups.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 254

Supply Chain Shaman

JUNE 7, 2021

I began analyzing correlations of groups of metrics to market capitalization and found that the most significant correlation was between market capitalization and growth. When companies were growing, I also discovered that the cost and inventory metrics better aligned with peers. In Table 1, I share a comparison of the two methods.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History. Resiliency.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Logistics Viewpoints

AUGUST 7, 2023

Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions. The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 190

Supply Chain View from the Field

NOVEMBER 10, 2014

I was attending the Zycus Horizons 2014 conference at Amelia Island today, listening to speakers. And we follow a pattern: you do an assessment, a sourcing wave, build a process, and do it over and over. Over time, you get decent at this cycle. It is amazing that we do the same things.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Supply Chain Shaman

APRIL 25, 2013

The relationship between corporate financial performance and supply chain metrics was complex; and in my first attempts, I was unable to derive a correlation. The year 2012 marked the 30th anniversary of the use of supply chain management as a cross-functional process for source, make and deliver in the commercial sector. Definitions.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 261

Logistics Viewpoints

JANUARY 23, 2024

Throughout the conference I met with several software and hardware providers to get a glimpse into what they were showcasing. The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 241

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Companies need to be aligned to a common set of metrics in a balanced scorecard to mitigate risk.

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Supply Chain Shaman

SEPTEMBER 9, 2014

Here we share the answers to the questions that we get the most often about this research: What is the source of data? We placed them in the industry that they were the most like, e.g., the primary source of revenue. Yes, we will do this study yearly in the preparation for our annual conference. What is the Supply Chain Index?

Pharmaceutical 275

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 275

Supply Chain Shaman

JULY 25, 2016

The source data for the analysis is public reporting of balance sheets and income statements. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

Pharmaceutical 210

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 210

Supply Chain Shaman

OCTOBER 8, 2019

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Supply Chain Shaman

JUNE 15, 2018

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Bandied about terms like best practices and “supply chain leaders” fill the air at supply chain conferences. Figure 1: Supply Chain Metrics Are a Balancing Act. The evolution sprung from chaos.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

SEPTEMBER 17, 2014

I smiled on the week following the conference as the accolades piled up in my inbox. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. Following the conference, Alexia asked for me to share the methodology with over 150 financial analysts. Aligned Metrics.

Optimal Sourcing 303

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 303

Supply Chain Shaman

MAY 2, 2016

During the spring, I get to spend a lot of time in airplane(s) attending and speaking at technology confer ences. With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). Open source needs maintenance. I have done this for a decade.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Arena Solutions

APRIL 4, 2023

alone, colleges and universities awarded 83,263 bachelor’s degrees in engineering in 2012, a 37% increase over the 60,605 degrees conferred in 2002. Manufacturers are leveraging big data to provide them with a comprehensive picture of their business thanks to the ability to acquire information from an ever-increasing variety of sources.

Manufacturing Procurement 98

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 98

Procurement Academy

OCTOBER 25, 2021

A traditional approach to sourcing—looking at potential suppliers through familiar lenses such as price, quality, and reliability—had the benefit of straightforward metrics on which to base a comparison. How should these be balanced against traditional procurement metrics? Choices, choices, choices. On what measure?

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

Supply Chain Shaman

JUNE 26, 2017

Traditionally, the focus has been on building efficient organizational silos for make, source or deliver. As a result, tor most companies, the goals are unclear and the financial metrics are not well-understood. This year-over-year comparison, enables visualization of performance on two metrics. Overview of the Methodology.

Sourcing Strategies 152

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Strategy 152

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. But even multi-sourcing is not enough. A supply chain is mapped, where components are source from, how they flow through a supply chain to factories and out to customers. Their revenues exceed €25 billion.

Supply Chain Transformation 216

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 216

Supply Chain Shaman

FEBRUARY 14, 2022

When my flight canceled, I was en route to the annual AMR conference in Phoenix. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Organizations can align to drive value despite the allegiance to functional metrics. We source this data from Y charts. Mistake #5.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Insights

SEPTEMBER 9, 2014

Here we share the answers to the questions that we get the most often about this research: What is the source of data? We placed them in the industry that they were the most like, e.g., the primary source of revenue. Yes, we will do this study yearly in the preparation for our annual conference. What is the Supply Chain Index?

Pharmaceutical 179

Pharmaceutical Gartner Supply Chain Design Software Supply Chain Design 179

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Supply Chain Movement

SEPTEMBER 30, 2022

Amid a tumultuous period, supply chains are even more under scrutiny following the global climate change conference in Glasgow. AIMMS Network Design provides functionality that helps supply chain teams model carbon emissions and other non-financial metrics like water consumption and carbon equivalents.

Network Design Software 78

Network Design Software Network Design Supply Chain Design Software Modeling 78

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312

Supply Chain Action Blog

NOVEMBER 6, 2024

The subject came up at a conference I attended where the theme was the supply chain of 2030. Detection and diagnosis of systemic challenges will be a bit more gradual and should be based on the performance metrics that matter to your business, such as customer service, days of supply, etc.,

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Analytics Software 52

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. Instead, we found that the companies with the lowest total supply chain cost (a total of source, make and deliver) had average costs in manufacturing and distribution. We are a month away from the publication of Supply Chain Metrics that Matter.

Manufacturing Procurement 286

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 286

Supply Chain Shaman

JULY 9, 2013

This research was the backbone of the Supply Chain Metrics that Matter series of reports. Instead, they have measured functional metrics or focused on projects. I believe that customer service is a critical metric and a key element of managing a complex supply chain system. The Building of the Index. Check them out!

Supply Chain Software 210

Supply Chain Software Supply Chain Modeling Modeling Software 210

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 72

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 72

Supply Chain Shaman

AUGUST 7, 2019

We draw a timeline on a conference room wall and using customer shipment and compliance data, we plot the issues with customer service and product outages. ” Or alternatively, “Is there data that could be sourced to help?” As a group, we drill into root issues. Let’s take an example.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 253

Supply Chain Shaman

JUNE 18, 2015

Over the course of the last decade, companies have moved at different rates to align source, make and deliver processes to report to common leader. Based on our research at Supply Chain Insights , today, 34% of supply chain organizations have source, make and deliver reporting through a common organization.

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150

Supply Chain Shaman

MARCH 20, 2016

Cloud and open source analytics are fueling new markets giving rise of new software providers in analytics with names like Board, Cloudera, EveryAngle, Enterra Solutions, FusionOps, Halo, Qlik, Spotfire, Transvoyant, Trifecta, and Trufa. The conference will be live streamed as we discuss five themes: Financial Results.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Analytics Software Analytics Supply Chain Planning Software 150

Talking Logistics

AUGUST 20, 2018

Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, August 2018. Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, August 2018. and 51.5%, respectively).

Innovation 100

Innovation Company Cost Reduction Strategies Logistics Network Optimization Software 100

Supply Chain Insights

JULY 26, 2016

The source data for the analysis is public reporting of balance sheets and income statements. Check out their performance by plotting year-over-year metrics at the intersection of two ratios and look at the patterns. In the analysis of the Supply Chains to Admire, we use PTBV as a proxy metric of value.

Pharmaceutical 110

Pharmaceutical Supply Chain Design Supply Chain Strategy Supply Chain Planning 110

BlueYonder

APRIL 13, 2023

ICON 2023 is Blue Yonder’s annual customer conference and premier supply chain event, where practitioners and decision-makers exchange insights about their transformation journeys If you are in the manufacturing field, why should you attend this year’s event? Can you shed some light on that?

Manufacturing Procurement 79

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 79

Supply Chain Shaman

MAY 21, 2013

I also had the opportunity to speak at the GHX conference and facilitate a leadership workshop on the required changes for implantable devices. The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service).

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Talking Logistics

JANUARY 8, 2018

Do we have the right Service Level Agreement metrics in place? At the LogiChem conference [a couple of months ago], there was a discussion about the risks logistics service providers take on when they sign up a new customer. Is the mode of transport the most efficient to impact on-time delivery? At what cost?

Supply Chain 104

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 104